Ether recovery is not that impressive
Yesterday Ethereum (ETHUSD) did lead the major cryptocurrencies lower. As noted here at the time, that was partly due to the fall back in the relative price of Ether versus BTC.
Bitcoin gets a much needed boost from US market rebound
One of the impacts of the very impressive US stock market rebound yesterday was the jolt in the arm that gave to the price of Bitcoin.
Bitcoin takes a breather after dipping below 33k
Following on from earlier updates here, both Bitcoin and Ether have suffered further losses. Ether has now dropped below $2,200 and Bitcoin is flirting with new lows underneath 33,000.
Ether takes out weekend lows
The further drop back in the leading cryptocurrencies has now delivered some more downside for both BTC and Ether.
Bitcoin eyeing a drop below 34k
As noted here earlier today, Bitcoin managed to hold above 34k in weekend trading.
Not much upside so far today for Ether
The crumble in the price of Ethereum last week was exasperated by the drop back in BTC, but more so because of the relative price between the two falling back substantially against Ether.
Bitcoin backs off from rebound above 36k today
The further falls in Bitcoin extended close to 34k in weekend trading.
Bitcoin and Ether feel the heat again
The price of Bitcoin and Ethereum has just now come under further selling pressure. Both have now fallen to fresh session lows.
Ether takes out important support levels
Well, it is hardly a surprise given the noted slump in BTC since yesterday afternoon, but Ethereum (ETHUSD) has also taken it on the chin at the same time too.